Posted on: 11th Nov, 2008 02:20 pm
my mom signed a quitclaim deed back in 2006. does the quit claim deed, which made me the sole tenant of the property, protect her home from being used as collateral or financial assests for retirement home or nursing home care payment ?
Hi artistone!
Welcome to forums!
As your mother has already quitclaimed the property in your name, it cannot be used as a collateral for the retirement home or nursing home care payments. At present she is not the owner of the property. Moreover the property was transferred way back in 2006.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
As your mother has already quitclaimed the property in your name, it cannot be used as a collateral for the retirement home or nursing home care payments. At present she is not the owner of the property. Moreover the property was transferred way back in 2006.
Feel free to ask if you have further queries.
Sussane